Michael Morehead has more than 25 years of experience in banking and securities regulatory law, previously holding top-level positions within the Illinois Department of Financial and Professional Regulation and Illinois Securities Department.

He represents numerous financial and securities firms located across the United States and provides legal counsel on banking, securities, "Blue Sky" regulatory compliance; commercial and consumer lending; corporate governance; administrative law defense; and M & A coordination. Michael also provides civil litigation assistance to other attorneys at Hinshaw & Culbertson LLP.

Professional Background

As former Chief Counsel for the Illinois Division of Banking within the Illinois Department of Financial & Professional Regulation for more than seven years, Mr. Morehead developed and drafted legislation related to the regulation of state banks and corporate fiduciaries; reviewed all state-chartered financial institution corporate applications; and authored numerous legal interpretive and no-objection letters explaining the scope of activities and services approved for state-chartered banks, corporate fiduciaries and foreign banking offices. He also served as one of the Banking Division's central points of contact for financial industry trade groups and federal banking regulators.

Mr. Morehead also previously served for over thirteen years as counsel to the Illinois Securities Department, including seven years as the Department's Assistant Director for Enforcement. In that position he helped to develop and coordinate a number of multi-state securities investigations and administrative prosecutions. As leader of the Enforcement Division, he assisted in the prosecution of numerous state and federal securities law related criminal cases.

Professional Affiliations

  • Sangamon County Bar Association

Honors & Awards

  • Member of the Leading Lawyers Network, and has been selected by his peers as a "Leading Lawyer" in the area of Banking & Financial Institutions Law


  • "Documenting Unusual Real Estate Loans and International Lending," Commercial Loans - Building Lender Protections From Start to Finish Seminar, live videoconference, October 2012
  • "Raising Capital," CBAI Seminar for the Community Bank Attorney, Springfield, Illinois, November 2012
  • "A Review of Recent Regulation Z Rules," Community Bankers Association of Illinois, Springfield, Illinois, March 2009
  • "Raise the Flags and Catch Some Z's," Community Bankers Association of Illinois, Springfield, Illinois, October 2008
  • "Background Checks," Community Bankers Association of Illinois seminar, "A Guide to Human Resources Law," Springfield, Illinois, June 2008
  • "What Directors Should be Asking Their Managers about BSA/AML Compliance Procedure and Training Programs," Community Bankers Association of Illinois' 33rd Annual Convention, Memphis, Tennessee, October 2007

Hinshaw Publications

Community/Civic Activities

Assists parent leaders of Boy Scouts of America, Troop 31 in Springfield, Illinois

J.D., Saint Louis University School of Law, 1985

B.A., magna cum laude, Political ScienceBlackburn College, 1982

  • Member, Who's Who Among American College and University Students